Weekly Trading Levels For Gold & WTI Crude Oil
Towards the end of June, we experienced a huge round of fluctuation in the market. The four speeches from different central bank officials increased investor confidence in the currencies, lowering the demand for gold and crude oil.
WTI Crude Oil has maintained a bullish streak for eight consecutive trading days and has violated our previous trading levels. Let's take a look at the new weekly trading levels.
Gold – XAU/USD – Trading Levels
Support Resistance
S1: 1219 R1: 1228
S2: 1213 R2: 1238
S3: 1204 R3: 1243
WTI – Crude Oil – Trading Levels
Support Resistance
S1: 45.03 R1: 46.44
S2: 43.63 R2: 47.30
S3: 42.76 R3: 48.71
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